Gurgaon-based IT servicing and consulting company Appworks has acquired BigDrop, a custom software development startup which offers solutions to other startups, SMEs and large companies.AppWorks will leverage the capabilities of BigDrop’s engineers to enhance its capabilities in services, products and digital marketing, said Ashish Bhata, cofounder of Appworks, which counts companies such as Target, eBay, Bravura and Fidelity among its clients. The financial details of the acquihire have not been disclosed.
AppWorks, which started as a niche IT servicing and consulting company in 2008, has evolved into a holding company with strong capabilities in building IT solutions, especially mobile apps, offering consulting services to MNCs on improving their software engineering practices, upskilling freshers to make them employable, and collaborating with startups to help them launch in the market. It has a development team of 50 engineers.
“Appworks is now becoming a collection of LOBs – BigDrop, OrganIQ, UpSkill, plus a host of startups. Bringing the talent of BigDrop in-house will enable us to accelerate our growth,” said Bhata. Gurgaon-based BigDrop, founded by Sherjil Ozair and Naved Khan, employs 14 people, all of whom have been acquired. The bootstrapped startup had around 25 clients including SoftAge, India Accelerator, Just Rokket, and VConnekt, among others.
“Big Drop has always been about delivering high-quality, modern, smart technology solutions to our clients. Our merger with App Works helps us get closer to this goal, leveraging their vast reach, and gaining from the experience of the excellent management team, and building solutions that impact and solve real life problems,” said Khan.
Recent acquihires include ride-sharing startup Lyft acquiring Pune-based startup Finite Paths, ixigo acquiring mobile content sharing app Reach, OnlineTyari’s acquisition photo and video sharing app Plix, and UpGrad acquiring corporate training startup Pyoopil Education Technologies.
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